• Bill Clinton’s Surplus Miracle, 20 Years Later

    By Sheila Weinberg

    Standing behind a podium in the Rose Garden, President Bill Clinton delivered a bold prediction 20 years ago. “Well ahead of the most ambitious schedule, America has balanced the budget,” he declared...

  • How Congress Cheats with Our Money — and How We Can Stop It

    By Marc Goldwein and Zach Moller

    The U.S. is on course to top its record debt levels set after World War II, and permanent trillion-dollar deficits — meaning, forever — are likely to return within two years . And unlike after World...

  • April Is Financial Literacy Month. Someone Tell Congress.

    By Joseph J. Minarik and Caroline L. Ferguson

    February is Black History Month, March is National Women’s Month, and April? Well, it’s Financial Literacy Month, of course! The U.S. government gave financial literacy its own month in 2003. April...

  • Computer on fire

    What We're Reading: March 12, 2018

    By The Fiscal Times Staff

    Here's what we have our eye on today: NEWS Trump Wants a ‘Phase Two’ of Tax Cuts – CNBC Congress Has Until March 23 to Fund the Government. Three Ways This Could Go – Vox The First Target on Drug...

  • Computer on fire

    What We're Reading: March 9, 2018

    By The Fiscal Times Staff

    Here's what we have our eye on today: NEWS Rep. Diane Black Pushing for Anti-Abortion Language in Spending Bill – Washington Examiner Omnibus Action Next Week Possible, but Obstacles Still Exist –...

  • The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, February 20, 2017. REUTERS/Pascal Rossignol

    Amazon HQ2: Cities Should Stop Wasting Money on Corporate Handouts

    By Matthew Mitchell and Michael Farren

    Amazon recently announced plans to open a second world headquarters, and with the company asking for bids by October 19, more than 100 cities are climbing over each other, shouting “Take my money!”...

  • A gas truck arrives after delivering gasoline following Hurricane Maria in San Juan, Puerto Rico, October 2, 2017. REUTERS/Carlos Barria

    The New Deal Roots of Puerto Rico’s Power and Debt Crises

    To understand why Puerto Rico has an inefficient state-owned energy utility, and a bloated public sector generally, one must go back to the days of Franklin Delano Roosevelt, when errant New Deal...

  • What Pro-Worker Tax Reform Should Look Like

    By Jeff Spross, TheWeek.com

    On Wednesday, President Trump and congressional Republicans released their long-awaited tax reform plan. Unsurprisingly, it was rather short on details. But the broad strokes are clear enough: fewer...

  • FILE PHOTO: Gary Cohn, U.S. President Donald Trump's top economic adviser, steps from Air Force One at Joint Base Andrews in Maryland, U.S., August 30,  2017. REUTERS/Kevin Lamarque

    Tax Reform: Will Trump Really Stand Up to Special Interests?

    By Matthew Mitchell and Tad DeHaven

    In laying out his principles for tax reform at a recent speech in Missouri, President Trump called for a tax code that is “simple, fair, and easy to understand.” The president correctly noted that...

  • Why We Need a Yelp for the Marijuana Market

    By Christopher Koopman and Thomas Savidge

    To end the stalemate between the federal government and the states over marijuana policy, Sen. Cory Booker (D-NJ) has proposed a bill that would legalize the drug at the federal level and incentivize...